US Federal · 🇺🇸 United States
CTC
Short for the Child Tax Credit, which lowers a US family's federal tax bill for each qualifying child under 17. Part of it can be refunded even if you owe no tax.
Related terms
← Back to the glossaryShort for the Child Tax Credit, which lowers a US family's federal tax bill for each qualifying child under 17. Part of it can be refunded even if you owe no tax.